RM still has its fans

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Educational supplies company RM (LON: RM.) disappointed investors with a profit warning on Monday. The share price slumped 24.3% to 20.6p, which values the company at £17.3m. This was not a total surprise to one shareholder, though.

RM Technology, which provides managed IT services to schools and colleges, and RM Assessment, which provides assessment and marking software for exam bodies and governments, are trading well. However, RM Resources, which supplies education products to primary and secondary schools, is still finding trading difficult because of a botched ERP software installatio...

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